Short

Updated

Bitcoin is in downtrend. Lower highs, lower lows. We open short.

RSI tops match lower highs, and RSI lows match lower lows.
Bitcoin is now nearby RSI resistance.
We open short until $31000.

Trade active

Position: Short
Leverage: x2
Entry: $37220
Target: $31000
Stop Loss: $42500

Note

We moved Stop Loss to Entry: $37220.
Break Even secured.

Trade closed: target reached

Take Profit (Trail Profit): $35700 (+8%, x2).

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.